DAX falls after Merz’s hunch | EUROtoday

DAX falls after Merz’s hunch
 | EUROtoday

The German inventory exchanges clearly responded on Tuesday that Friedrich Merz (CDU) was not elected as the brand new Chancellor within the first poll.

At midday the Dax misplaced round two p.c and broke down the 23,000 factors mark once more. Almost all values ​​within the German main index bays, the exception was solely Fresenius Medical Care. The paper benefited from robust first quartals and was unimpressed by the turbulence. Never earlier than within the historical past of the Federal Republic, a Chancellor candidate failed in his election.

Almost all 40 values ​​within the minus

Red signal dominated on the scoreboard of the Frankfurt Stock Exchange. At midday the aerospace firm MTU Aero Engines with a minus of 4 p.c was on the backside of the main index. However, the armaments producer Rheinmetall, whose inventory was misplaced 3.5 p.c, was additionally punished.

Automobile and financial institution values ​​additionally offered weak with losses of greater than two p.c. Deutsche Bank’s paper misplaced 2.7 p.c, Commerzbank saved up with a minus of two p.c solely barely higher.

The German main index had initially began just a little larger in the marketplace, on Monday it closed 1.12 p.c larger with 23,345 factors solely beneath his earlier document excessive.

https://www.faz.net/aktuell/finanzen/dax-faellt-nach-schlappe-von-merz-110458669.html